Abstract
Given that Ripple is currently one of the most well-known and widely-used cryptocurrencies, second only to Bitcoin, it is thought to be advantageous to study its brief history. The Ripple system enables reduced transaction costs for cross-border payment transactions, new banking services and products for users, and new liquidity corridors for liquidity providers. Ripple is a real-time reconciliation system, a platform for foreign exchange, and a decentralized remittance network. It allows for big, consistent payments. Additionally, Ripple acts as a technology foundation that enables existing payment networks to communicate with one another and accept international real-time payments. Understanding laws in relation to Ripple and cryptocurrencies is crucial because of the relevance of Ripple.
Keywords
References
- Bank of England (2018): CHAPS Reference Manual, pp. 105-106
- Bitcoin.com (2017). Bitcoin in Denmark – Facts & Figures 2017. Retrieved March 2, 2018 from https://news.bitcoin.com/bitcoin-denmark-facts-figures-2017/
- Brennan, S. (2018). “Contortions for Compliance: Life Under New York’s Bitlicense”, Retrieved 2 March 2018 from https://www.coindesk.com/contortions-compliance-life-new-yorks-bitlicense/
- Chu, J. – Chan, S.- Nadarajah, S.- Osterreider, J. (2017): GARCH modelling of Cryptocurrencies. Retrieved on November 29, 2017 from www.mdpi.com/1911-8074/10/4/17/pdf
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- EBA. (2014). EBA Opinion on Virtual Currencies. London, pp.17
- Harwick, C. (2016): Cryptocurrency and the Problem of Intermediation. The Independent Review, JSTOR. https://ripple.com/technical-faq-xrp-ledger/
- Kelso, C.E (2018), “Germany Treads Lightly on Bitcoin Taxation”, Retrieved March 2, 2018 from https://news.bitcoin.com/germany-treads-lightly-on-bitcoin-taxation/
- Messika, B. (2018): Cryptocurrency and Blockchain: ‘Tis the Future. Medium Corporation, USA.
- Team Ripple: Ripple Escrows 55 Billion XRP for Supply Predictability. Retrieved on December 11, 2017 from https://ripple.com/insights/ripple-escrows-55-billion-xrp-for-supply-predictability/
- The Swedish Retail-Payment Market (2013). Riksbank Studies. Stockholm.
- Donmez, C. Ç. , Şen, D. & Hazır, U. (2021). Kriptopara Dinamikleri: Bitcoin Cash, Ethereum, Litecoin ve Ripple . International Journal of Advances in Engineering and Pure Sciences , 33 (4) , 636-650 . DOI: 10.7240/jeps.938317
- Konuşkan, A. , Teker, T. , Ömürbek, V. & Bekci, İ. (2019). KRİPTO PARALARIN FİYATLARI ARASINDAKİ İLİŞKİNİN TESPİTİNE YÖNELİK BİR ARAŞTIRMA . Süleyman Demirel Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi , 24 (2) , 311-318 . Retrieved from https://dergipark.org.tr/tr/pub/sduiibfd/issue/53004/704296
- Michelfeit, J. (2011): Security and Routing in the Ripple Payment Network. Masaryk University Faculty of Informatics, Brno, pp. 30
- Sharma, R. (2022). Why Does Ripple Want More Government Regulation?. Investopedia. Retrieved 22 August 2022, from https://www.investopedia.com/news/why-does-ripple-want-more-government-regulation/.
- Şahin, E. E. (2020). Kripto Para Fiyatlarında Balon Varlığının Tespiti: Bitcoin, IOTA ve Ripple Örneği . Selçuk Üniversitesi Sosyal Bilimler Enstitüsü Dergisi , (43) , 62-69 . Retrieved from https://dergipark.org.tr/tr/pub/susbed/issue/61825/925055 (2022). Retrieved 22 August 2022, from https://messari.io/asset/xrp
- Ripple (XRP) price prediction for 2022, 2023, 2025 and 2030 | StormGain. (2022). Retrieved 22 August 2022, from https://stormgain.com/blog/ripple-price-prediction
Abstract
Bitcoin'den sonra en çok bilinen ve en çok kullanılan kripto para birimlerinden biri olması nedeniyle Ripple'ın kısa tarihçesini incelemenin bu noktada faydalı olacağı düşünülmektedir. Ripple sistemi ile işlem tarafları sınır ötesi ödeme işlemlerinde düşük maliyetler ödeyebilir, bankalar müşterilerine yeni ürün ve hizmetler sunabilir ve likidite sağlayıcıları yeni likidite koridorlarına ulaşabilir. Ripple, gerçek zamanlı olarak büyük tutarlı ödemelerin yapıldığı bir mutabakat sistemi, bir döviz platformu ve merkezi olmayan bir havale ağıdır. Ripple aynı zamanda mevcut ödeme ağlarının uluslararası gerçek zamanlı ödeme yetenekleriyle birbirleriyle iletişim kurmasını sağlayan teknolojik bir altyapı olarak da hizmet vermektedir. Ripple bir öneme sahip olduğundan, Ripple ve kripto para ile ilgili düzenlemeleri anlamak da önemlidir.
References
- Bank of England (2018): CHAPS Reference Manual, pp. 105-106
- Bitcoin.com (2017). Bitcoin in Denmark – Facts & Figures 2017. Retrieved March 2, 2018 from https://news.bitcoin.com/bitcoin-denmark-facts-figures-2017/
- Brennan, S. (2018). “Contortions for Compliance: Life Under New York’s Bitlicense”, Retrieved 2 March 2018 from https://www.coindesk.com/contortions-compliance-life-new-yorks-bitlicense/
- Chu, J. – Chan, S.- Nadarajah, S.- Osterreider, J. (2017): GARCH modelling of Cryptocurrencies. Retrieved on November 29, 2017 from www.mdpi.com/1911-8074/10/4/17/pdf
- Coleman, L. (2017). “Japan Accepts Bitcoin as Legal Payment Method. What’s Next?” Retrieved 2 March 2018 from https://www.ccn.com/japan-accepts-bitcoin-as-legal-payment-method-whats-next/
- EBA. (2014). EBA Opinion on Virtual Currencies. London, pp.17
- Harwick, C. (2016): Cryptocurrency and the Problem of Intermediation. The Independent Review, JSTOR. https://ripple.com/technical-faq-xrp-ledger/
- Kelso, C.E (2018), “Germany Treads Lightly on Bitcoin Taxation”, Retrieved March 2, 2018 from https://news.bitcoin.com/germany-treads-lightly-on-bitcoin-taxation/
- Messika, B. (2018): Cryptocurrency and Blockchain: ‘Tis the Future. Medium Corporation, USA.
- Team Ripple: Ripple Escrows 55 Billion XRP for Supply Predictability. Retrieved on December 11, 2017 from https://ripple.com/insights/ripple-escrows-55-billion-xrp-for-supply-predictability/
- The Swedish Retail-Payment Market (2013). Riksbank Studies. Stockholm.
- Donmez, C. Ç. , Şen, D. & Hazır, U. (2021). Kriptopara Dinamikleri: Bitcoin Cash, Ethereum, Litecoin ve Ripple . International Journal of Advances in Engineering and Pure Sciences , 33 (4) , 636-650 . DOI: 10.7240/jeps.938317
- Konuşkan, A. , Teker, T. , Ömürbek, V. & Bekci, İ. (2019). KRİPTO PARALARIN FİYATLARI ARASINDAKİ İLİŞKİNİN TESPİTİNE YÖNELİK BİR ARAŞTIRMA . Süleyman Demirel Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi , 24 (2) , 311-318 . Retrieved from https://dergipark.org.tr/tr/pub/sduiibfd/issue/53004/704296
- Michelfeit, J. (2011): Security and Routing in the Ripple Payment Network. Masaryk University Faculty of Informatics, Brno, pp. 30
- Sharma, R. (2022). Why Does Ripple Want More Government Regulation?. Investopedia. Retrieved 22 August 2022, from https://www.investopedia.com/news/why-does-ripple-want-more-government-regulation/.
- Şahin, E. E. (2020). Kripto Para Fiyatlarında Balon Varlığının Tespiti: Bitcoin, IOTA ve Ripple Örneği . Selçuk Üniversitesi Sosyal Bilimler Enstitüsü Dergisi , (43) , 62-69 . Retrieved from https://dergipark.org.tr/tr/pub/susbed/issue/61825/925055 (2022). Retrieved 22 August 2022, from https://messari.io/asset/xrp
- Ripple (XRP) price prediction for 2022, 2023, 2025 and 2030 | StormGain. (2022). Retrieved 22 August 2022, from https://stormgain.com/blog/ripple-price-prediction
Details
| Primary Language | English |
|---|---|
| Journal Section | Research Articles |
| Authors | |
| Publication Date | October 20, 2022 |
| Published in Issue | Year 2022 Volume: 7 Issue: 2 |
The publication rights of the articles accepted for publication and all kinds of copyrights in the published articles belong to the journal. No copyright is paid to the author.